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How the three economic sectors interdependent each other?

circular flow of income or circular flow refer to a simple economic model which describes the reciprocal circulation of income between producers and consumers. In the circular flow model, the inter-dependent entities of producer and consumer are referred to as "firms" and "households" respectively and provide each other with factors in order to facilitate the flow of income. Firms provide consumers with goods and services in exchange for consumer expenditure and "factors of production" from households. More complete and realistic circular flow models are more complex. They would explicitly include the roles of government and financial markets, along with imports and exports
primary sector produce raw material .which is converted into goods by secondary sector .This goods are transported from one place to another by tertiary sector.if any of the sectors not work there may not be devlopment.


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